UK Secretary of State for Science, Innovation and Technology Chloe Smith announced on Wednesday a series of investments to develop trustworthy artificial intelligence (AI) research.
“Universities across the UK are set to benefit from a substantial Pound 54 million investment in their work to develop innovative artificial intelligence (AI) technology,” Smith said in a press release.
Smith added, “delivered through UK Research and Innovation (UKRI), Pond 31 million of the funding will be used to back groundbreaking research at the University of Southampton to establish responsible and trustworthy AI, bringing together the expertise of academia, business, and the wider public to explore how responsible AI can be developed and utilized, while considering its broader impact on wider society.” The Technology Secretary unveiled the package in a keynote speech at London Tech Week, advancing efforts to secure the UK’s position as a science and tech superpower, fuel economic growth and create better paid jobs.
The Tech Secretary also announced the launch of the UK Geospatial Strategy 2030, which will unlock billions of pounds in economic benefits through harnessing technologies including AI, satellite imaging and real-time data.
We’re investing in our AI talent pipeline with a ?£54 million package to develop trustworthy and secure artificial intelligence, and putting our best foot forward as a global leader in tech both now, and in the years to come.
Despite our size as a small island nation, the UK is a technology powerhouse.
Last year, the UK became just the third country in the world to have a tech sector valued at USD1 trillion.
It is the biggest in Europe by some distance and behind only the US and China globally.
Source: Kuwait News Agency